As of November 2024, the non-ferrous metal industry has experienced a series of significant events and changes. Against the backdrop of the global economic recovery, the capacity of the non-ferrous metal industry has gradually recovered, with new investment projects emerging continuously. For instance, listed companies like Jiling Rare Earth have shown strong development momentum, with significant performance growth reflecting the overall development trend of the industry. The expansion of industry capacity and the increase in new investments indicate the important position of the non-ferrous metal industry in the global economy.
By analyzing the financial reports of related listed companies, we find that the non-ferrous metal industry as a whole shows an optimistic development trend. Despite facing fluctuations in raw material prices and uncertainties in international trade policies, the supply and demand relationship in the industry is relatively balanced. Particularly, leading enterprises like Northern Rare Earth have achieved steady growth in performance through technological innovation and market expansion.
The development of the non-ferrous metal industry is strongly supported by national policies. Policy support, market size expansion, technological innovation, and the impact of domestic and international policy environments have jointly promoted the growth potential of the industry. For example, Trump's policy propositions, such as tax cuts, deregulation, and support for traditional energy, have had a positive impact on the non-ferrous metal industry. At the same time, the impact of macroeconomic indicators such as GDP growth rate, inflation rate, and interest rate levels on the industry cannot be ignored.
Recent market behavior indicates that the stock prices of leading companies in the non-ferrous metal industry have performed steadily. Market consumption data shows that the market supply and demand relationship and price fluctuations of industry-related products are becoming stable. After Trump's victory, the market's confidence in the non-ferrous metal industry has increased, and it is expected that the industry will usher in a new round of investment boom.
Combining the current industry situation, we predict an optimistic development prospect for the non-ferrous metal industry in the future. Trump's policy propositions, especially his support for traditional energy and the promotion of the return of manufacturing, will drive the consumption of industrial metals such as copper and aluminum. At the same time, rare earth magnets, tungsten, germanium, and indium, which China has a global competitive advantage in, are expected to become countermeasures in the Sino-US trade war, leading to a revaluation of their value. It is recommended to focus on leading enterprises such as Northern Rare Earth, China Rare Earth, Jiling Rare Earth, and Zhongke Sanhuan.